GlossaryAdvanced
Base Fee
The minimum, algorithmically adjusted fee required for a transaction on Ethereum.
The base fee is a minimum transaction fee on Ethereum that adjusts automatically block to block based on recent network demand, and is destroyed ("burned") rather than paid to a validator.
It's paired with an optional priority fee that goes to the validator, together making up the total fee a user pays for a transaction.
Examples
- The base fee rises automatically when recent blocks have been consistently full, and falls when they haven't.
- Unlike the priority fee, the base fee is burned rather than paid to whoever validates the block.